Somi Conveyor Beltings Ltd (SOMICONVEY) News & Corporate Actions | Announcements, Board Meetings, Splits, Bonuses, Rights Issues

{
  "main_header": {
    "sid": 284074,
    "name": "Somi Conv.Belt.",
    "stock_name": "Somi Conv.Belt.",
    "full_name": "Somi Conveyor Beltings Ltd",
    "name_url": "stocks-analysis/somi-convbelt",
    "exchange": 0,
    "exchangecode": "",
    "country_id": 34,
    "currency": "INR",
    "cmp": "89.73",
    "chg": 2.4,
    "chgp": "2.75%",
    "dir": 1,
    "prev_price": "87.33",
    "mcapval": "105.70 Cr",
    "mcap": "Micro Cap",
    "scripcode": 533001,
    "symbol": "SOMICONVEY",
    "ind_name": "Industrial Manufacturing",
    "ind_code": 71,
    "indexname": "",
    "isin": "INE323J01019",
    "curr_date": "Feb 04",
    "curr_time": "",
    "bse_nse_vol": "23.3 k",
    "exc_status": "Active",
    "traded_date": "Feb 04, 2026",
    "traded_date_str": "2026 02 04",
    "score": "",
    "scoreText": "",
    "Live": 1,
    "market_time": 1,
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    "is_blur_class": "blur-registerF-score-header",
    "is_blur_url": "https://uat-researchintel.adityabirlamoney.com/ABML-Landingstocks-analysis/somi-convbelt-284074-0&utm_source=Spage_Header_Score",
    "mojoone": {
      "ismore": 0
    }
  },
  "news": {
    "results": [
      {
        "title": "Somi Conv.Belt. Sees Revision in Market Evaluation Amid Challenging Financial Trends",
        "link": "https://www.marketsmojo.com/news/stock-recommendation/somi-convbelt-downgraded-to-strong-sell-amid-weak-financial-and-technical-indicators-3746447",
        "imagepath": "https://i.marketsmojo.com/newsimg/2025/12/SomiConvBelt_mojoScore_3746447.png",
        "date": "2025-12-04 11:08:19",
        "description": "Somi Conv.Belt., a microcap player in the Industrial Manufacturing sector, has experienced a revision in its market evaluation reflecting recent shifts in its financial and technical outlook. This adjustment follows a period marked by subdued profitability and stock performance that trails broader market indices."
      },
      {
        "title": "Is Somi Conv.Belt. overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-somi-convbelt-overvalued-or-undervalued-3742670",
        "imagepath": "",
        "date": "2025-12-03 08:09:41",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Valuation Metrics and Financial Ratios</strong></p>\n<p>Somi Conv.Belt. trades at a price-to-earnings (PE) ratio of approximately 34.8, which on the surface appears elevated compared to many traditional benchmarks. However, this figure must be contextualised within the company’s sector and growth prospects. The price-to-book (P/B) value stands at 1.96, indicating the stock is priced just under twice its book value, a moderate premium that is not uncommon for industrial manufacturing firms with steady asset bases.</p>\n<p>Enterprise value (EV) multiples provide further insight: the EV to EBIT ratio is 20.98, and EV to EBITDA is 17.65. These multiples suggest that the market is pricing in reasonable operational earnings relative to the company’s enterprise value. Additionally, the EV to capital ..."
      },
      {
        "title": "Why is Somi Conv.Belt. falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-somi-convbelt-fallingrising-3736093",
        "imagepath": "",
        "date": "2025-11-29 00:40:49",
        "description": "    <div class=\"article-news-new\">\n        <div class=\"article-container\">\n\n<div class=\"article-content\">\n\n<p><strong>Short-Term Price Movement and Market Context</strong></p>\n<p>On the day in question, Somi Conveyor Beltings Ltd outperformed its sector by 5.8%, reaching an intraday high of ₹138.90, which represents a 9.11% increase from previous levels. This intraday surge indicates strong buying interest during trading hours. However, the weighted average price suggests that a larger volume of shares traded closer to the lower end of the day’s price range, hinting at some profit-taking or cautious trading towards the close.</p>\n<p>Despite this, the stock’s closing price remains significantly higher than its 5-day moving average, although it still trades below its 20-day, 50-day, 100-day, and 200-day moving averages. This pattern suggests that while short-term momentum is positive, the stock has yet to bre..."
      },
      {
        "title": "Is Somi Conv.Belt. overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-somi-convbelt-overvalued-or-undervalued-3713557",
        "imagepath": "",
        "date": "2025-11-19 08:08:08",
        "description": "As of 18 November 2025, Somi Conv.Belt. has moved from an attractive to a fair valuation grade. The company is currently fairly valued, with a PE ratio of 37.54, an EV to EBITDA ratio of 18.99, and a ROCE of 8.94%. In comparison to its peers, Apcotex Industries has a lower PE ratio of 30.3 and an EV to EBITDA of 14.81, while Cupid is significantly more expensive with a PE of 136.43 and an EV to EBITDA of 118.52.\n\nDespite the fair valuation, Somi Conv.Belt. has underperformed relative to the Sensex, with a year-to-date return of -29.95% compared to the Sensex's 8.36%. This performance, combined with its current valuation ratios, suggests that while the company is not overvalued, it may face challenges in justifying its current price in the near term...."
      },
      {
        "title": "Is Somi Conv.Belt. overvalued or undervalued?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/is-somi-convbelt-overvalued-or-undervalued-3709740",
        "imagepath": "",
        "date": "2025-11-18 08:20:19",
        "description": "As of 17 November 2025, the valuation grade for Somi Conv.Belt. has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued, especially in light of its key financial ratios, including a PE ratio of 37.43, an EV to EBITDA ratio of 19.74, and a ROCE of 9.89%. \n\nWhen compared to its peers, Somi Conv.Belt. stands out as more favorable than Cupid, which has a significantly higher PE ratio of 134.15, and Apcotex Industries, which has a lower PE ratio of 30.19 but is still categorized as fair. Despite recent underperformance relative to the Sensex, with a year-to-date return of -30.15% compared to the Sensex's 8.72%, the long-term performance of 607.27% over five years suggests strong potential for recovery and growth in value...."
      },
      {
        "title": "How has been the historical performance of Somi Conv.Belt.?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-somi-convbelt-3708601",
        "imagepath": "",
        "date": "2025-11-17 22:56:49",
        "description": "Answer:\nThe historical performance of Somi Conv.Belt shows a steady growth in net sales and profitability over the years, with notable fluctuations in costs and expenses.\n\nBreakdown:\nSomi Conv.Belt's net sales increased from 46.28 Cr in Mar'20 to 101.24 Cr in Mar'25, reflecting a consistent upward trend. The total operating income followed a similar trajectory, reaching 101.24 Cr in Mar'25, up from 93.73 Cr in Mar'23. However, raw material costs also rose significantly, from 28.65 Cr in Mar'21 to 74.45 Cr in Mar'25, impacting the operating profit which improved from 6.68 Cr in Mar'21 to 10.86 Cr in Mar'25. The profit before tax saw a substantial increase from 2.18 Cr in Mar'19 to 7.63 Cr in Mar'25, while profit after tax rose from 1.55 Cr in Mar'19 to 5.49 Cr in Mar'25. The company's total liabilities increased from 92.06 Cr in Mar'20 to 121.81 Cr in Mar'25, with total assets also rising from 92.06 Cr to 12..."
      },
      {
        "title": "Why is Somi Conv.Belt. falling/rising?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/why-is-somi-convbelt-fallingrising-3708217",
        "imagepath": "",
        "date": "2025-11-17 21:53:16",
        "description": "As of 17-Nov, Somi Conveyor Beltings Ltd is experiencing a decline in its stock price, currently at 141.10, which represents a decrease of 14.1 or 9.09%. The stock has underperformed its sector by 7.57% today and has fallen after four consecutive days of gains. It opened with a loss of 3.38% and reached an intraday low of Rs 139.2, reflecting a drop of 10.31%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a rise in delivery volume by 14.73% against the 5-day average, the overall performance remains weak, with year-to-date returns down by 30.15% compared to a positive 8.72% for the benchmark.\n\nIn the broader market context, the stock's short-term performance has been notably poor, with a 1-week return of -6.03%, while the Sensex has gained 1.69% in the same period. This stark contrast highlights the stock's struggle to keep pac..."
      },
      {
        "title": "How has been the historical performance of Somi Conv.Belt.?",
        "link": "https://www.marketsmojo.com/news/stocks-in-action/how-has-been-the-historical-performance-of-somi-convbelt-3702989",
        "imagepath": "",
        "date": "2025-11-14 23:41:38",
        "description": "Answer:\nThe historical performance of Somi Conv.Belt shows a steady growth in net sales and profit over the years, with the latest figures for March 2025 indicating net sales of 101.24 Cr and a profit after tax of 5.49 Cr.\n\nBreakdown:\nSomi Conv.Belt's net sales have increased from 46.28 Cr in March 2020 to 101.24 Cr in March 2025, reflecting a consistent upward trend. The total operating income also followed this trend, reaching 101.24 Cr in March 2025, up from 93.73 Cr in March 2023. The raw material cost has risen to 74.45 Cr in March 2025, compared to 46.28 Cr in March 2020, indicating increased operational costs. Despite these rising costs, the operating profit (PBDIT) has improved to 10.86 Cr in March 2025 from 7.69 Cr in March 2020, showcasing better operational efficiency. The profit before tax has also seen a significant increase, reaching 7.63 Cr in March 2025, up from 2.18 Cr in March 2019. The pr..."
      },
      {
        "title": "When is the next results date for Somi Conv.Belt.?",
        "link": "https://www.marketsmojo.com/news/result-analysis/when-is-the-next-results-date-for-somi-convbelt-3681072",
        "imagepath": "",
        "date": "2025-11-07 23:18:28",
        "description": "Somi Conv.Belt. will declare its results on 14 November 2025...."
      }
    ],
    "total": 123,
    "sid": "284074",
    "stock_news_url": "https://uat-researchintel.adityabirlamoney.com/news/somi-conveyor-beltings-284074"
  },
  "announcements": [
    {
      "caption": "Board Meeting Intimation for To Consider And Approve The Unaudited Financial Results As Reviewed By The Statutory Auditor For The Third Quarter Ended 31St December 2025.",
      "datetime": "30-Jan-2026",
      "details": "Somi Conveyor Beltings Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/02/2026 inter alia to consider and approve 1. the Unaudited Financial Results as reviewed by the Statutory Auditor for the Third Quarter ended 31st December 2025. 2. To consider any other matter with the kind permission of the Chair.",
      "source": "BSE"
    },
    {
      "caption": "Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018",
      "datetime": "09-Jan-2026",
      "details": "Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations2018 for the quarter ended December 31 2025.",
      "source": "BSE"
    },
    {
      "caption": "Closure of Trading Window",
      "datetime": "28-Dec-2025",
      "details": "Intimation of Closure of Trading Window.",
      "source": "BSE"
    }
  ],
  "corporate_actions": [
    {
      "img": "board-meeting.svg",
      "title": "BOARD MEETING",
      "msg": "<span>No</span> Upcoming Board Meetings",
      "data": []
    },
    {
      "img": "dividend.svg",
      "title": "DIVIDEND",
      "msg": "",
      "data": [
        {
          "txt": "Somi Conveyor Beltings Ltd has declared <strong>5%</strong> dividend, ex-date: 19 Sep 18",
          "dt": "2018-09-19",
          "middle_text": "Dividend Alert"
        }
      ]
    },
    {
      "img": "splits.svg",
      "title": "SPLITS",
      "msg": "No <strong>Splits</strong> history available",
      "data": []
    },
    {
      "img": "bonus.svg",
      "title": "BONUS",
      "msg": "No <strong>Bonus</strong> history available",
      "data": []
    },
    {
      "img": "rights-issues.svg",
      "title": "RIGHTS",
      "msg": "No <strong>Rights</strong> history available",
      "data": []
    }
  ]
}

News and Views

Somi Conv.Belt. Sees Revision in Market Evaluation Amid Challenging Financial Trends

2025-12-04 11:08:19

Somi Conv.Belt., a microcap player in the Industrial Manufacturing sector, has experienced a revision in its market evaluation reflecting recent shifts in its financial and technical outlook. This adjustment follows a period marked by subdued profitability and stock performance that trails broader market indices.

Is Somi Conv.Belt. overvalued or undervalued?

2025-12-03 08:09:41

Valuation Metrics and Financial Ratios Somi Conv.Belt. trades at a price-to-earnings (PE) ratio of approximately 34.8, which on the surface appears elevated compared to many traditional benchmarks. However, this figure must be contextualised within the company’s sector and growth prospects. The price-to-book (P/B) value stands at 1.96, indicating the stock is priced just under twice its book value, a moderate premium that is not uncommon for industrial manufacturing firms with steady asset bases. Enterprise value (EV) multiples provide further insight: the EV to EBIT ratio is 20.98, and EV to EBITDA is 17.65. These multiples suggest that the market is pricing in reasonable operational earnings relative to the company’s enterprise value. Additionally, the EV to capital ...

Why is Somi Conv.Belt. falling/rising?

2025-11-29 00:40:49

Short-Term Price Movement and Market Context On the day in question, Somi Conveyor Beltings Ltd outperformed its sector by 5.8%, reaching an intraday high of ₹138.90, which represents a 9.11% increase from previous levels. This intraday surge indicates strong buying interest during trading hours. However, the weighted average price suggests that a larger volume of shares traded closer to the lower end of the day’s price range, hinting at some profit-taking or cautious trading towards the close. Despite this, the stock’s closing price remains significantly higher than its 5-day moving average, although it still trades below its 20-day, 50-day, 100-day, and 200-day moving averages. This pattern suggests that while short-term momentum is positive, the stock has yet to bre...

Is Somi Conv.Belt. overvalued or undervalued?

2025-11-19 08:08:08

As of 18 November 2025, Somi Conv.Belt. has moved from an attractive to a fair valuation grade. The company is currently fairly valued, with a PE ratio of 37.54, an EV to EBITDA ratio of 18.99, and a ROCE of 8.94%. In comparison to its peers, Apcotex Industries has a lower PE ratio of 30.3 and an EV to EBITDA of 14.81, while Cupid is significantly more expensive with a PE of 136.43 and an EV to EBITDA of 118.52. Despite the fair valuation, Somi Conv.Belt. has underperformed relative to the Sensex, with a year-to-date return of -29.95% compared to the Sensex's 8.36%. This performance, combined with its current valuation ratios, suggests that while the company is not overvalued, it may face challenges in justifying its current price in the near term....

Is Somi Conv.Belt. overvalued or undervalued?

2025-11-18 08:20:19

As of 17 November 2025, the valuation grade for Somi Conv.Belt. has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently considered undervalued, especially in light of its key financial ratios, including a PE ratio of 37.43, an EV to EBITDA ratio of 19.74, and a ROCE of 9.89%. When compared to its peers, Somi Conv.Belt. stands out as more favorable than Cupid, which has a significantly higher PE ratio of 134.15, and Apcotex Industries, which has a lower PE ratio of 30.19 but is still categorized as fair. Despite recent underperformance relative to the Sensex, with a year-to-date return of -30.15% compared to the Sensex's 8.72%, the long-term performance of 607.27% over five years suggests strong potential for recovery and growth in value....

How has been the historical performance of Somi Conv.Belt.?

2025-11-17 22:56:49

Answer: The historical performance of Somi Conv.Belt shows a steady growth in net sales and profitability over the years, with notable fluctuations in costs and expenses. Breakdown: Somi Conv.Belt's net sales increased from 46.28 Cr in Mar'20 to 101.24 Cr in Mar'25, reflecting a consistent upward trend. The total operating income followed a similar trajectory, reaching 101.24 Cr in Mar'25, up from 93.73 Cr in Mar'23. However, raw material costs also rose significantly, from 28.65 Cr in Mar'21 to 74.45 Cr in Mar'25, impacting the operating profit which improved from 6.68 Cr in Mar'21 to 10.86 Cr in Mar'25. The profit before tax saw a substantial increase from 2.18 Cr in Mar'19 to 7.63 Cr in Mar'25, while profit after tax rose from 1.55 Cr in Mar'19 to 5.49 Cr in Mar'25. The company's total liabilities increased from 92.06 Cr in Mar'20 to 121.81 Cr in Mar'25, with total assets also rising from 92.06 Cr to 12...

Why is Somi Conv.Belt. falling/rising?

2025-11-17 21:53:16

As of 17-Nov, Somi Conveyor Beltings Ltd is experiencing a decline in its stock price, currently at 141.10, which represents a decrease of 14.1 or 9.09%. The stock has underperformed its sector by 7.57% today and has fallen after four consecutive days of gains. It opened with a loss of 3.38% and reached an intraday low of Rs 139.2, reflecting a drop of 10.31%. The stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Despite a rise in delivery volume by 14.73% against the 5-day average, the overall performance remains weak, with year-to-date returns down by 30.15% compared to a positive 8.72% for the benchmark. In the broader market context, the stock's short-term performance has been notably poor, with a 1-week return of -6.03%, while the Sensex has gained 1.69% in the same period. This stark contrast highlights the stock's struggle to keep pac...

How has been the historical performance of Somi Conv.Belt.?

2025-11-14 23:41:38

Answer: The historical performance of Somi Conv.Belt shows a steady growth in net sales and profit over the years, with the latest figures for March 2025 indicating net sales of 101.24 Cr and a profit after tax of 5.49 Cr. Breakdown: Somi Conv.Belt's net sales have increased from 46.28 Cr in March 2020 to 101.24 Cr in March 2025, reflecting a consistent upward trend. The total operating income also followed this trend, reaching 101.24 Cr in March 2025, up from 93.73 Cr in March 2023. The raw material cost has risen to 74.45 Cr in March 2025, compared to 46.28 Cr in March 2020, indicating increased operational costs. Despite these rising costs, the operating profit (PBDIT) has improved to 10.86 Cr in March 2025 from 7.69 Cr in March 2020, showcasing better operational efficiency. The profit before tax has also seen a significant increase, reaching 7.63 Cr in March 2025, up from 2.18 Cr in March 2019. The pr...

When is the next results date for Somi Conv.Belt.?

2025-11-07 23:18:28

Somi Conv.Belt. will declare its results on 14 November 2025....

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